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News » PH’s weak cybersecurity a threat to BPOs – USAID

PH’s weak cybersecurity a threat to BPOs – USAID

The Philippines’ weak cybersecurity landscape is a threat to the business process outsourcing (BPO) workforce, a report by the United States Agency for International Development (USAID) said. 

This follows after several stakeholders presented an overview of the Philippines’ Information and Communications Technology (ICT) infrastructure at the launch of the National Cybersecurity Plan 2022 Assessment Survey.

Based on USAID’s Better Access and Connectivity (BEACON) report, the Philippines is “poised to jeopardize” the US portion of its BPO market. US BPO contracts make up 75 per cent of the $23-billion Philippine BPO market.

The Philippines is among the least cyber-secure countries in Asia according to a study by Reboot Digital PR Agency.  

The Philippines ranked ninth with 19 monthly drive-by downloads and an average of 880 malware-hosting sites online, which is 20 sites more per 100,000 URLs than that of its relatively close neighbor, Malaysia — which ranks third.

Another report by Global Security company Kaspersky Lab the Philippines is one of the top targets of banking malware in the Asia-Pacific region. The country also has the highest number of users attacked by banking Trojans malware.

Read more here.

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